Pakistan Stock Exchange came under heavy selling pressure as investors reacted to renewed tensions following strained relations between Pakistan and Afghanistan and mixed earnings reports.

The benchmark KSE-100 index tumbled 1,635.97 points, or 1.02%, ending the day at 158,465.06 on Wednesday. Throughout the session, the index fluctuated between a high of 160,690.12 and a low of 158,306.84.

Market sentiment stayed weak after peace talks between Islamabad and Kabul failed to yield progress, adding to concerns already weighing on investors. Analysts believe that the correction phase is likely to continue in the near term as traders remain cautious amid uncertain political and economic signals.

KTrade Securities wrote that PSX continued to remain under selling pressure as the absence of po

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